Term Life Insurance

The top 15 life insurance companies from the previous ranking are presented below. Comparing with the current top 15 life insurance companies, there have been some major changes, as companies continue to raise rates in the face of tight credit.

The biggest news is that both Protective Life Insurance Company and West Coast Life Insurance Company had big drops, as they raised their rates across the board. Transamerica Life Insurance Company (Family Markets), Savings Bank Life Insurance Co of MA, and Western Reserve Life Assurance Company of OH all held the line, with Transamerica actually reducing rates. As a result, these three companies moved into the second, third and fourth positions.

Other changes had AXA Equitable Life Insurance Company moving into the five spot, all the way up from eleven, and Genworth Life and Annuity Insurance Company jumping two spots to sixth. Also, The Penn Mutual Life Insurance Company is now ranked ninth, compared with 13 from the last update.

To find out which of these companies is best for you, follow this link for expert quotes from independent life insurance agents. Independent agents are not bound to one or a few companies. The agents who will service your request at Budget Life all use a life insurance company database to find you the best deal for your age and underwriting criteria.

Previous Top 15 Life Insurance Companies

See what changed from the last update.